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Westfield 01085
179 Tannery Rd
$397,000
● House - Off Market

179 Tannery Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$392,936
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This colonial is bright, cheery, and ready for a great summer! Enjoy this open floor plan on the first floor with LOTS of flexible spaces. 3 bedrooms upstairs with the full bath means no one is separated, and the first floor open for enjoyment. 2 car garage with a breezeway to the house and access to the 3 season room overlooking the inground pool! LOTS of updates that include a full gas conversion in 2016, fully fenced yard with new vinyl fencing in 2017, roof replaced in 2017, a new kitchen upgrade with LG appliances & granite counters in 2019, updated insulation, vinyl siding, windows in 2020, ceiling fans added, Hue lighting, updated sand filter for the pool, and so much more!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$279
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72943223)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by JRG Real Estate & Auction Services, LLC $389,900
Listed by JRG Real Estate & Auction Services, LLC
Mar 11, 2016 Sold
Premium
Sold
Dec 28, 2015 Listed by JRG Real Estate & Auction Services, LLC $256,900
Listed by JRG Real Estate & Auction Services, LLC
Nov 14, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,900
  • Total Building Area: 1,400
  • Gross Building Area: 2,975
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000824
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westfield School District
  • School Tax School District: WESTFIELD SD
  • Census Tract: 812600

Geography

  • Parcel: WFLD M:5-R L:62
  • Lot: 62
  • Municipality: WESTFIELD
  • Latitude: 42.0898
  • Longitude: -72.7527

    Address

  • Full Address: 179 Tannery Rd
  • Address - House Number: 179
  • Address - Street Name: Tannery
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C026
  • 4-Digit Zip Code: 4823
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $537,900

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 391,165
  • High Value: 466,964
  • Low Value: 315,367

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,800
  • Assessed Land Value: $107,700
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Contract Date: May 31, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32988
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Amount: $252,500
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westfield

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2116 ft²

Average Home Age

65.3 years

Currently For Sale

69 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72943223

Frequently Asked Questions

When was property at 179 Tannery Road built and last sold?
The property at 179 Tannery Road was built in 1967 and last sold on May 31, 2022 for $397,000.
How much is this home worth?
The estimated value of the home located at 179 Tannery Road is $389,629.
What are some comparable homes to 179 Tannery Road?
There are currently no comparable homes to 179 Tannery Road.
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